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BC-Business News Digest

May 3, 2019

Here are AP Business News’ latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan at newsroom.ap.org .

TOP STORIES:

ECONOMY-JOBS REPORT _ U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and anticipate strong customer demand. The unemployment rate fell to a five-decade low of 3.6% from 3.8%. By Christopher Rugaber. SENT: 700 words, photos.

With:

_ ECONOMY-JOBS REPORT-DEMOGRAPHICS-GLANCE

_ ECONOMY-JOBS REPORT-INDUSTRIES-GLANCE

TESLA-RAISING CAPITAL _ Tesla is increasing the amount of money it will attempt to raise to as much as $2.7 billion and CEO Elon Musk more than doubled the amount of stock he would buy from $10 million, to $25 million. By Tom Krisher. SENT: 640 words, photo.

MARKETS & ECONOMY:

FINANCIAL MARKETS _ U.S. stocks are moving broadly higher in early trading on Wall Street and are on track to bounce back after a two-day slide. By Damian J. Troise. SENT: 380 words, photos. UPCOMING: Will be updated through 5 p.m.

ECONOMY-SERVICES _ The Institute for Supply Management, a trade group of purchasing managers, issues its index of non-manufacturing activity for September. UPCOMING: 130 words after release of report at 10 a.m., 300 words by 10:45 a.m.

INDUSTRY:

SPORTS BETTING-NASCAR _ NASCAR is making its first big play in the world of expanded legal sports betting, hoping a sports data partnership will lead to gamblers being able to bet during races on much more than just who gets the checkered flag. By Dan Gelston. SENT: 780 words, photos.

GENERAL MOTORS-TRUCK RECALL _ General Motors is recalling over 368,000 pickups and other trucks worldwide after 19 reports of fires caused by engine block heater cords. SENT: 220 words, photo.

SAS-PILOTS STRIKE _ Scandinavian Airlines and its pilots have reached a three-year collective bargaining agreement that put an end to a six-day strike that grounded more than 4,000 flights and affected hundreds of thousands of passengers. SENT: 290 words, photos.

TECHNOLOGY & MEDIA:

CZECH-5G CYBERSECURITY _ Cybersecurity officials from dozens of countries propose a set of principles to ensure the safety of next generation mobile networks amid concerns over the use of gear made by China’s Huawei. By Kelvin Chan and Karel Janicek. SENT: 330 words, photos.

CHINA-TYCOON ALLEGED RAPE _ Six Chinese social media accounts have been shut down after they advocated support for a woman who has accused the founder of online shopping giant JD.com, Richard Liu, of rape. By Yanan Wang. SENT: 800 words, photos.

INTERNATIONAL:

EUROPE-ECONOMY _ Inflation rose in April in the 19-country eurozone, at first glance an encouraging sign for the European Central Bank in its struggle to sustainably raise prices. By David McHugh. SENT: 290 words, photo.

Business News Supervisor Richard Jacobsen (800-845-8450, ext. 1680). For photos (ext. 1900.) For graphics/interactives (ext. 7636.) For access to AP Newsroom and technical issues: customersupport@ap.org, or 877-836-9477. Questions about transmission of financial market listings, call 800-3AP-STOX.

The digest for AP’s Money & Markets service can be found at markets.ap.org. For questions about M&M content, contact Greg Keller at (212) 621-7958.